Nvidia developing China-specific AI computer chip that can form ‘clusters': report

Core Insights - Nvidia is developing a new China-specific chip called the B30, aimed at powering AI models, despite tightening export controls from the Trump administration [1][4] - The company plans to produce over 1 million B30 chips this year, which are compliant with the new export regulations [2][4] - Nvidia expects to lose $8 billion in chip sales to China this quarter due to previous restrictions [4][5] Company Strategy - The B30 chip is attracting interest from major Chinese tech companies like ByteDance, Alibaba, and Tencent [1] - Nvidia's strategy includes creating products that comply with export controls to maintain access to the Chinese market [9] - CEO Jensen Huang indicated that the company is considering new chip releases that adhere to current regulations [6][9] Financial Impact - Nvidia anticipates a revenue of approximately $45 billion in the fiscal second quarter, factoring in the $8 billion loss from the blocked H20 chip sales to China [5] - Shares of Nvidia saw a slight increase of about 1% in trading following the news [4]